BlackRock is a an asset manager - it doesn't invest its own money proprietarily like a bank. So certain BlackRock funds may be invested in these companies and the investors in those funds could lose out, but its not a situation where BlackRock itself has exposure.
Congrats. How exposed is Blackrock to al this?
BlackRock is a an asset manager - it doesn't invest its own money proprietarily like a bank. So certain BlackRock funds may be invested in these companies and the investors in those funds could lose out, but its not a situation where BlackRock itself has exposure.